Yakira Capital Management Inc. bought a new stake in Bowen Acquisition Corp (NASDAQ:BOWN - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 84,479 shares of the company's stock, valued at approximately $923,000. Yakira Capital Management Inc. owned 0.92% of Bowen Acquisition as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Wolverine Asset Management LLC lifted its stake in Bowen Acquisition by 66.8% in the 4th quarter. Wolverine Asset Management LLC now owns 468,382 shares of the company's stock valued at $5,115,000 after buying an additional 187,661 shares in the last quarter. Picton Mahoney Asset Management acquired a new position in shares of Bowen Acquisition during the fourth quarter valued at approximately $1,368,000. Virtu Financial LLC purchased a new position in shares of Bowen Acquisition in the fourth quarter valued at approximately $798,000. Finally, Geode Capital Management LLC purchased a new position in shares of Bowen Acquisition in the fourth quarter valued at approximately $137,000. Institutional investors and hedge funds own 59.34% of the company's stock.
Bowen Acquisition Stock Down 4.4 %
Shares of BOWN traded down $0.31 during trading hours on Friday, hitting $6.89. 40,314 shares of the stock were exchanged, compared to its average volume of 66,246. The stock's 50-day moving average price is $5.22 and its two-hundred day moving average price is $8.45. Bowen Acquisition Corp has a 12-month low of $2.71 and a 12-month high of $11.00.
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